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<br />LOAN #= 0279075279
<br />THIS SECURITY INSTRUMENT cambines unifarm covenants for nativnal use and non-uniform covenants with
<br />limited variations by jurisdictiqn to constitute a uniform security instrument covering real property.
<br />UNIFORM COVENANTS. Barrower and Lender covenant and agree as follows:
<br />1. Payment �f Principal, Interest, Escrow Items, Prepayment Charges, and �.ate Charges. Borrnwer shall pay
<br />when duethe principal of, and intereston, the d�btevidenced by the Note and any prepaymentcharges and late charges
<br />due under the Nate. Borrawer shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the
<br />Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received
<br />by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that
<br />any or all subsequent payments due under the Note and this Security Instrument be made in one or more ofthe following
<br />farms, as selected by Lender: (a) cash; (b) maney arder; (c) certified check, bank check, treasurer's check or cashier's
<br />check, provided any such check is drawn upon an institution whpse deposits are insured by a federal agency,
<br />instrumentality, vr entity; or (d) Electronic Funds Transfer,
<br />Payments are deemed received by Lender when received at the location designated in the Note or at such other
<br />location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any
<br />payment or partial payment if the payment vr partial payments are insufficient to bring the Loan current. L�nder may
<br />accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or
<br />prejudice to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such
<br />payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date,
<br />then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes
<br />payment tv bring the Loan current. If Borrower does not do sv within a reasonable period of time, l.ender shall either
<br />apply such funds or return them to Borrower. If not applied earlier, such funds will be applied ta the autstanding principal
<br />balance und�r the Note immediately prior to foreclosure. No offset ar claim which Borrower might have now or in the
<br />future against Lender shall relieve Borrower from making payments du� under the Nate and this Security Instrument
<br />pr performing the covenants and agr�ements secured by this Security Instrument.
<br />2. Application of Payments or Proceeds. Exceptas otherwise described in this Section 2, all payments accepted
<br />and applied by Lender shall be applied in the following arder af priority: (a) interest due under the Note; (b) principal
<br />due under the Note; (c) amounts due under Section 3. Such payments shall be applied ta each Perindic Payment in the
<br />order in which it became du�, Any remaining amounts shall be applied firstto late charges, second to any other amounts
<br />due under this Security Instrument, and then to r�duc� the principal balance nf the Note.
<br />If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount
<br />ta pay any late charge due, the payment may be applied ta the delinquent payment and the late charge. If more than
<br />ane Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the
<br />Periodic Payments if, and to the extent that, each payment can be paid in full, To the extent that any excess exists after
<br />the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late
<br />charges due. Voluntary prepayments shall beapplied firstto any prepayment charges and then as described in the Note.
<br />Any applic�tion of payments, insurance prnceeds, or Miscellaneous Prnceeds to principal due under the Note shall
<br />not extend or postpone the due date, or ohange the amount, of the Periodic Payments.
<br />3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note,
<br />until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments
<br />and ather items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b)
<br />I�asehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender
<br />under Section 5; and (d) Mortgage Insuranc� premiums, if any, or any sums payable by Borrower ta Lender in lieu af
<br />the payment of Mortgage Insurance premiums in accordance with the provisions of 5ection 10. These items are called
<br />"Escrpw Items."Atoriginatian aratany#ime duringtheterm ofthe Loan, LendermayrequirethatCommunityAssociatian
<br />Dues, Fees, and Assessments, if any, be escrawed by Borrower, and such dues, fees and assessments shall be an
<br />Escraw Item. Borrower shall promptly furnish to Lender all nntices af amaunts to be paid under this Section, Barrnwer
<br />shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or
<br />all Escrow Items. Lend�r maywaive Borrow�r's obligation to pay to L�nder Funds for any or all Escraw Items at any time,
<br />Any such waiver may only be in writing, In the event of such waiver, Borrower shall pay directly, when and where payable,
<br />the amawnts due far any �scraw Items for which payment of �unds has been waived by L�nder and, if Lender requires,
<br />shall furnish ta Lender receipts evidencing such payment within such time p�riod as Lender may requir�. Borrower's
<br />obligation to make such payments and to provide receipts shall for all purposes be deemed to be a covenant and
<br />agreement contained in this Security Instrument, as the phrase "cavenant and agreement" is used in Section 9. Ifi
<br />Bvrrawer is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrnwer fails tn pay the amount due for
<br />an �scrow Item, Lender may exercise its rights under Section 9 and pay such amount and Borrower shall then be
<br />obligated under Sectian 9 to repay to Lender any such amount. Lender may revake th� waiver as to any ar all �scraw
<br />Items at any time by a natice given in accordance with Section 15 and, upon such revocation, Borrower shall pay to
<br />Lender all Funds, and in such amounts, that are then r�quired under this Section 3,
<br />Lender may, at any time, cvllect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at
<br />the time specified under RESPA, and (b) not to exceed the maximum amaunt a lender can require under R�SPA. Lender
<br />shall estimate the ampunt of Funds due on the basis af current data and reasonabl� estimates of expenditures of future
<br />Escrow Items or ntherwise in accordance with Applicable Law.
<br />The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity
<br />(including Lender, if Lend�r is an institution whose deposits are so insured) or in any Federal Home Lvan Bank. Lender
<br />shall apply the Funds to pay the Escrow Items no later than the time specified under R�SPA. Lender shall not charge
<br />Borrower far halding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items,
<br />unless Lender pays Borrower interest an the Funds and Applicable Law permits Lender to make such a charge. Unless
<br />an agreement is made in writing orApplicable Law requires interestto be paid on the Funds, Lender shall nat be required
<br />to pay Borr�wer any interest or earnings pn the Funds. �orrower and Lender can agree in writing, however, that interest
<br />shall be paid on the Funds. L,ender shall give tn Borrower, without charge, an annual accounting vfthe Funds as r�quired
<br />by RESPA.
<br />If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Barrower for the
<br />excess furtds in accordancewith RESPA. Ifthere is ashortage of Funds held in escrow, as defined under RESPA, L,ender
<br />NEBRASKA--Single Family--FAnnie Mae/Freddie Mac UNIFORM INSTRLJMENT Form 30281/01 Initials s��
<br />(�i 1999-2007 Online pocuments, Inc. P8g9 3 O} 9 EDEED �705
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